Some
125 publicly-traded companies in the manufacturing and service sectors have
expressed fears of heavy losses due to the ongoing coronavirus outbreak. Among
them, 116 companies are in the manufacturing sector, such as RMG, cement,
ceramics, engineering, and tannery sector. The other nine are in the real
estate and service sector. These companies are...
Bata India, the leading footwear retailer, reported ₹6,794 million in net sales for Q4 2019, closing 7.4 per cent over corresponding quarter riding on growth from retail channel. This was weakened by a below expectation performance by e-commerce channel due to changed legislation for the industry and...
The government has so far announced a set of stimulus packages worth around $11.90 billion (Taka 1.011 trillion to offset the COVID-19 shock on various sectors of the country and minimise the sufferings of the people hit hard by the nationwide shutdown enforced to fend off the...
In the fourth quarter of fiscal 2019, the revenue of Nike improved to $10.2 billion, up 4 per cent on a reported basis and up 10 per cent on a currency-neutral basis. Full year revenue rose to $39.1 billion, up 7 per cent on a reported basis,...